Great investment opportunity has plenty of upside potential, 8 units located in prime location at Valley Blvd. All units have great floor plans, with wall heat, and window air conditioning. Laundry hookups in each unit and community laundry in back with coin-op. These units are perfect for any value-add investor looking to acquire income property and maximize its income potential. The units are currently leased to many long-time tenants on a month-to-month agreement at below market rents. With no rent control and an excellent rental market, buyer can quickly add value and increase the income. 10 car garages are provided for the 8 units, plus 2 extra. Tenants can also park on the street with paid city Permits. Located close to transportation, shopping and restaurants. Easy access to 10 and 710 fwy, minutes from Cal State LA, Downtown LA, Keck Hospital and all the restaurants and shopping Alhambra has to offer. Property rezoned VSP (Valley Boulevard Specific Plan) and the land use designation is Office Professional, buyer to confirm with city. (1221 & 1225 S. Garfield Avenue, being sold together, 2 APN's - 1 water line)
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
